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  • EURUSD trades to a new week low as sellers exert more pressure to the downside run

    The EURUSD is working on the 7th day lower EURUSD is lower for 7 consecutive days The  EURUSD EUR/USDThe EUR/USD is the currency pair encompassing the European Union’s single currency, the euro (symb...Read this Term is working on its 7th down day in a row. Now there has been ups and downs - especially on Wednesday and Thursday…

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  • Eurozone PMI manufacturing dropped to 57.0, war having immediate and material impact

    Eurozone PMI Manufacturing dropped from 58.2 to 57.0 in March, above expectation of 55.9. But that’s still a 15-month low. PMI Services dropped from 55.5 to 54.8, above expectation of 54.3. PMI Composite dropped from 55.5 to 54.5. Chris Williamson, Chief Business Economic at S&P Global said: “The survey data underscore how the Russia-Ukraine war…

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  • Pound / Euro Exchange Rate Firms

      The Pound to Euro (GBP/EUR) exchange rate is firming this morning, with the pairing trading at around €1.2006 after passing a key barrier of resistance this morning. Euro (EUR) Exchange Rates Subdued amid Ukraine Concerns The Euro (EUR) is trading on the back foot against the Pound (GBP) and the majority of its other…

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